Bungie making progress on new IP
New universe is taking shape
Activision is expecting the new IP when it is released to be a significant genre-defining IP that will be a strategic growth pillar for the future of the company. This is some high praise for a title that is still a long way from release.
No information was given during the earnings call as to when we might expect to see this new IP, or when it is expected to be released. However, based on this call, Activision seems confident in Bungie’s ability to deliver.